Oil Export to Indonesia Hit $3.8bn in 2023
Nigeria exported crude oil and gas valued at over $3.8bn to Indonesia in 2023, the Indonesian Ambassador to Nigeria, Dr Usra Harahap, has said.
Harahap disclosed this on Wednesday in Abuja during a courtesy visit to the Permanent...
FG Gets $500m W’Bank Loan to Bolster Electricity Distribution
The Federal Government has secured a $500m World Bank loan to bolster Nigeria’s electricity distribution sector, the Bureau of Public Enterprises announced on Thursday.
Power distribution companies in Nigeria have been widely criticised as being the weakest...
FG Set to Roll Out Renewed Hope Job Centres
Minister of Industry, Trade and Investment, Dr. Doris Nkiruka Uzoka-Anite, has revealed that the Federal Government, in collaboration with the Small and Medium Scale Entreprises Development Agency of Nigeria (SMEDAN), is set to roll out the...
In One Year, Marine Sector Records 92 Percent Revenue Increase - Oyetola
Minister of Marine and Blue Economy, Adegboyega Oyetola, has said that his ministry recorded a 92 per cent increase in revenue generation in less than one year in office.
Oyetola who revealed this during...
Why Nigeria Air Remains Suspended Indefinitely – Keyamo
The Minister of Aviation and Aerospace Development, Festus Keyamo, says the Nigeria Air project remains suspended “indefinitely”.
Keyamo stated this while reeling out the achievements of the aviation sector at the 3rd ministerial updates on Monday in Abuja.
Back...
Naira Sells for 1,339.33 per Dollar at Official Market
The naira appreciated to 1,339.33/$ at the close of trading on the official window on Monday, gaining 9.68 per cent over Friday’s 1,482.81/$.
According to FMDQ data, which houses the Nigerian Autonomous Foreign Exchange Market, the daily...
